How Cheap Airlines Survive

How come cheap airlines are so cheap?

Fastest growing segment of air travel are low fare airlines (LFAs), sometimes called low cost companies (LLC). LFAs now constitute 35% of scheduled intra-EU point to point traffic - and the cheap flights revolution in Europe only started in 1990 by Ryanair. In the USA it was the Southwest Airlines that has led the attack against high flights prices since 1971.

How Cheap Airlines Survive

Low-fare airlines or LFAs are the fastest growing segment of air travel. Also called LCCs or low-cost companies, LFAs currently make up 35% of flights scheduled for intra-EU point-to-point destination...
s. With the U.S. leading the cheap flying revolution on the 1970s and Europe following suit in the 1990s, many companies have joined in. How do they do it? Read on to find out.